Wuhu Fuchun Dye And Weave Co.,Ltd.’s Net Profit Dropped 63.9% in First Half of 2023

Wuhu Fuchun Dye And Weave Co.,Ltd. (芜湖富春染织股份有限公司) (605189.SH) reported a net profit of 43.1 million yuan in the first half of 2023, down 63.9% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 6.2% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 48.7%.